Description
This course covers the financial planning aspects of divorce, including the dividing of assets and debt, the handling of alimony and child support, tax problems, and post-divorce planning.
Number of CFP® CE credit hours awarded for this course:
Learning Objectives
As a result of studying the text, you should be able to meet the following learning objectives:
• Differentiate between the misconceptions and the truths about divorce and finances.
• Recall the main considerations for planning a divorce.
• Recognize the emotional hazards that one can face in a divorce.
• Recall the treatment of joint property in a divorce settlement.
• Recognize the tax implications of divorce.
• Recall the laws with respect to the treatment of property, expenses, and debt in a divorce.
• Recognize the implications of divorce on retirement benefits.
• Differentiate between the roles that financial and legal professionals play as advisors in a divorce.
• Define how investments are treated in a divorce.
• Define child support and alimony and recognize how these are treated in a divorce.
• Recall the primary considerations for negotiating and finalizing a divorce settlement.